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 Latest Car Loan Rate 2012-2021| 2021

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coolman82
post Aug 13 2020, 11:40 PM

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QUOTE(DrPitchard @ Aug 12 2020, 09:41 AM)
Got my loan approved

New car, continental brand
Loan for RM260k
Down-payment - RM10k++

HLBB - 9 years, 2.23%
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Boss ur down payment can be less than 10%?
I just gotten my loan as well for Conti car around 200k, 9yr at 2.21%
coolman82
post Aug 13 2020, 11:42 PM

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QUOTE(selow and timid @ Aug 13 2020, 08:49 PM)
during times of historically low interest rates like now, best to take longest possible term loan and lock in the low interrest rates.
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U are absolutely right. Current interest rate is so low that is better to lock in the longer tenure loan at low interest
coolman82
post Aug 14 2020, 05:46 PM

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QUOTE(DrPitchard @ Aug 14 2020, 08:07 AM)
Yeap, had quite a huge rebate as the owner of the dealership was a close friend of mine.

Which bank was yours? 2.21%, awesome rate.
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Wow that's a huge discount u got there!
I got from hlb, initially given me 2.24%, then 1-2 days later managed to get 2.21% for me.

 

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